News
Green energy a perfect incubator for legal conflict
On the surface, it looked like bad news for dozens of farmers in Prince Edward County, about 200 kilometres east of Toronto, who had leased portions of their land to SkyPower Corp. for a large wind power project.
SkyPower filed for bankruptcy protection in August, after which a creditor was able to register construction liens against about 150 parcels of those properties. ..."The take-home message is that people have good reason to be cautious on a number of different levels when looking at [renewable] energy projects," said Eric Gillespie, a Toronto lawyer who specializes in environmental issues.
November 17, 2009
by Richard Blackwell
in The Globe and Mail
Shifting to a culture of green energy will benefit some and disadvantage others – and regulation of the sector is still ‘a work in progress'
On the surface, it looked like bad news for dozens of farmers in Prince Edward County, about 200 kilometres east of Toronto, who had leased portions of their land to SkyPower Corp. for a large wind power project.
SkyPower filed for bankruptcy protection in August, after which a creditor was able to register construction liens against about 150 parcels of those properties.
Stantec Inc. (STN-T26.44-0.56-2.07%) , an engineering company that was owed about $242,000 by SkyPower, was simply... [continue via Web link]
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.

